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Stock Market & Financial Investment News

News Breaks
August 6, 2014
07:48 EDTGPK, SON, CCK, RKT, OI, IPHighway bill could boost IP, RockTenn shares, says Jefferies
Jefferies notes the Senate and House agreed last week on the highway bill, which allows corporations to push out pension contributions. The firm thinks the bill will accelerate free cash flow generation for International Paper (IP), RockTenn (RKT) and Sonoco (SON). Jefferies believes shares of International Paper and RockTenn could move higher since the paper names are mainly valued on free cash flow. The firm does not expect much pension relief from the bill for Owens-Illinois (OI), Crown Holdings (CCK) and Graphic Packaging (GPK).
News For IP;RKT;SON;OI;CCK;GPK From The Last 14 Days
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August 25, 2015
09:04 EDTIPInternational Paper upgraded to Buy from Neutral at Buckingham
Buckingham upgraded International Paper to Buy with a $50 price target. The firm believes anti-dumping duties should improve UCFS dynamics and margins, and expects a dividend raise in the near-term.
August 20, 2015
16:43 EDTSONSonoco completes review of Mexico packaging center misstatements
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16:39 EDTSONSonoco reports Q2 base EPS 68c , consensus 67c
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August 17, 2015
08:12 EDTSONSonoco raises price for paperboard tubes and cores by 6%-8%
Sonoco announced that it will raise the price for all paperboard tubes and cores by 6%-8%, effective with shipments in the United States and Canada beginning September 14, 2015.
August 16, 2015
13:40 EDTOIOwens-Illinois shares could return 20%-40%, Barron's says
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August 14, 2015
17:48 EDTOIOwens-Illinois up 1.6% after Greenlight discloses stake in company in 13F filing
17:29 EDTOIGreenlight Capital gives quarterly update on stakes
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August 13, 2015
08:13 EDTSONSonoco to raise price for uncoated recycled paperboard products by $45/ton
Sonoco announced that it will raise the price for all grades of uncoated recycled paperboard products by $45 per ton, effective with shipments in the United States and Canada beginning August 31, 2015.

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